Albert Ltd regularly sells goods to its wholly-owned subsidiary company Brooklyn Ltd, which it has owned since Brooklyn Ltd.'s incorporation. The statement of financial position of the two companies on 28 th February 2023 is given below. Required: - Show the proforma journals for each - Which accounting standards influence the preparation of the consolidated accounts for the group? - Prepare a consolidated account for the group that ended 28th February 2023. STATEMENT OF FINANCIAL POSTION AS AT 28 FEBRUARY 2023 Equity and Liability Members' interest und reserves 55,000 R1 ordinary shares \begin{tabular}{rr} 116,000 & 69,000 \\ 55,000 \end{tabular} 85,000R1 ordinary shares 85,000 31,00014,000 Retalned earnings Non-Current Llabilities Current Liabilities Bank overdraft 8,000 Trade payables: ALBERT LTD LId 2,000 Other \begin{tabular}{lr} 29,000 & 32,000 \\ 29,000 & 42,000 \end{tabular} Total Liabilities Total Equity and Liabilities 145,000111,000